We never get tired of sharing great news with all of our clients and readers here at New Era Realty.
The latest bit of good news was reported in the Denver Business Journal Article “S&P: Denver home prices up from 2011; 1st year-over-year rise in 19 months” this week with some great numbers showing what we already knew…
The Denver market is going strong!
We aren’t talking about a huge market increase. The Denver market showed a “0.2 percent increase since January”. But out of the 20 cities that this report looked at in the United States Denver was one of only 3 that showed positive market recover.
This past year New Era Realty has found for our Denver loft and condo clients some incredible values in this market… but it takes a lot of work.
The Denver market is strong. Downtown Denver real estate markets such as LoHi, LoDo, and the many Denver neighborhoods being connected by the new light rail system are extremely popular. Many homes that come up on the market priced below market are snatched up instantly. For this reason selecting a Downtown Denver loft and condo expert firm such as New Era Realty carries even more value.
Our New Era Realty team, located in the heart of LoHi just blocks from the New Union Station light rail hub, offers the experience, history, and technology tools to assist our Downtown Denver condo buyer and sellers with their real estate transactions.
It’s interesting to watch the market trends in the various neighborhoods and the pattern of development that is occurring in these markets. Certainly, LoHi has become a favorite of both Downtown Denver residents and investors as new restaurants, shops, and amenities continue to open every month.
The new light rail developments at the Historic Union Station including not just transportation, but also office buildings, restaurants and services are creating a new dynamic in the surrounding LoDo, Riverfront Park, Ball Park and Five Points neighborhoods.
What’s next for Denver… that’s what we focus on every day. To learn more about the sub market trends in the different Downtown Denver neighborhoods or for your own home please contact anyone on the New Era Realty team.